Convergence Energy Services Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 59.21 Cr
- Company Age 4 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.18 Cr
- Revenue Growth 129.27%
- Profit Growth -56.35%
- Ebitda 82.45%
- Net Worth 1446.02%
- Total Assets 32.52%
About Convergence Energy Services
Convergence Energy Services Limited (CESL) is a Public Limited Indian Non-Government Company incorporated in India on 29 October 2020 (Four years and four months 3 days old ). Its registered office is in South Delhi, Delhi, India.
The Corporate was formerly known as Convergence Energy Services Private Limited. The Company is engaged in the Environment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 59.21 Cr.
The company currently has active open charges totaling ₹15.18 Cr.
The Key Managerial Personnel (KMP) at Convergence Energy Services Limited India are Vishal Kapoor as Ceo, Jagjeet Dadiala as Cfo, and Abhishek Srivastava as Company Secretary. Shankar Gopal, Vishal Kapoor, and Yatindra Dwivedi serve as directors at the Company.
Company Details
- Location
South Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40300DL2020PLC372412
- Company No.
372412
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Oct 2020
- Date of AGM
20 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Environment
Who are the key members and board of directors at Convergence Energy Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishal Kapoor  | Managing Director | 12-Nov-2022 | Current |
| Jagjeet Dadiala | CFO | 05-Apr-2021 | Current |
| Abhishek Srivastava | Company Secretary | 23-Aug-2021 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shankar Gopal | Nominee Director | 29-Oct-2020 | Current |
| Yatindra Dwivedi | Additional Director | 28-Feb-2024 | Current |
Financial Performance of Convergence Energy Services.
Convergence Energy Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 129.27% increase. The company also saw a substantial fall in profitability, with a 56.35% decrease in profit. The company's net worth Soared by an impressive increase of 1446.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Convergence Energy Services?
In 2023, Convergence Energy Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Power Grid Corporation Of India LimitedYatindra Dwivedi is a mutual person
Torrent Power Grid LimitedYatindra Dwivedi is a mutual person
Energy Efficiency Services LimitedVishal Kapoor is a mutual person
Powergrid Aligarh Sikar Transmission LimitedYatindra Dwivedi is a mutual person
Intellismart Infrastructure Private LimitedVishal Kapoor is a mutual person
Epsl Trigeneration Private LimitedShankar Gopal and Vishal Kapoor are mutual person
Charges (Loans)
Open Charges
₹15.18 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 15.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2023 | State Bank Of India | ₹15.18 Cr | Open |
How Many Employees Work at Convergence Energy Services?
Convergence Energy Services has a workforce of 7 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Convergence Energy Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Convergence Energy Services's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Convergence Energy Services
Recent activity within the organization
- Charges
A charge with State Bank Of India of Rs. 15.18 Cr registered on 29 May 2023 with Charge ID 100732601 was modified on 06 Mar 2024.
- Director Appointment
Yatindra Dwivedi was appointed as a Additional Director was appointed as a Additional Director on 28 Feb 2024 & has been associated with this company since 1 year 2 days .
- Annual General Meeting
Convergence Energy Services Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.
- Charges
A charge with State Bank Of India amounted to Rs. 15.18 Cr with Charge ID 100732601 was registered on 29 May 2023.
- Balance Sheet
Convergence Energy Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Director Appointment
Vishal Kapoor was appointed as a Ceo was appointed as a Ceo on 18 Jan 2023 & has been associated with this company since 2 years 1 month .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Convergence Energy Services Limited?
Convergence Energy Services Limited was incorporated on 29 Oct 2020.
What is authorized share capital and paid-up capital of Convergence Energy Services Limited?
The authorized share capital of Convergence Energy Services Limited is ₹ 100.00 Cr and paid-up capital is ₹ 59.21 Cr.
Who are the current board members & directors of Convergence Energy Services Limited?
Currently 6 directors are associated with Convergence Energy Services Limited.
- Shankar Gopal
- Vishal Kapoor
- Yatindra Dwivedi
- Vishal Kapoor
- Jagjeet Singh Dadiala
- Abhishek Srivastava
What is the registered address of Convergence Energy Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Convergence Energy Services Limited is 2Nd Floor Nfl Building Core-Iii Scope Complex Lodhi Road, India, New Delhi, 110003.
What is the corporate identification number (CIN) and company number of Convergence Energy Services Limited?
The corporate identification number (CIN) of Convergence Energy Services Limited is U40300DL2020PLC372412 and the company number is 372412 as per Ministry of Corporate Affairs (MCA).
What is the official website of Convergence Energy Services Limited?
The Official website of Convergence Energy Services Limited is https://www.convergence.co.in
What has been the recent revenue trend for Convergence Energy Services Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Convergence Energy Services Limited has risen by 129.27%.
How many employees does Convergence Energy Services Limited currently have?
As Per 2023 financial reports, 7 employees are currently employed by Convergence Energy Services Limited.
What change has been observed in the net worth of Convergence Energy Services Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Convergence Energy Services Limited has experienced an upsurge of 1446.02%.
What are the total open charges for Convergence Energy Services Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Convergence Energy Services Limited amount to ₹ 15.18 Cr.
When was the last Balance Sheet of Convergence Energy Services Limited filed with the ROC?
The most recent Balance Sheet for Convergence Energy Services Limited was filed with the ROC on 31 Mar 2023.
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